Why is it that private insurance companies are not in trouble because people are getting older? Aren't they subject to the same demographics? The difference is that they've accumulated a fund, not a pay-in, pay-out system.
Milton FriedmanThe fall of the Berlin Wall did more for the progress of freedom than all of the books written by myself or Friedrich Hayek or others.
Milton FriedmanComplete free trade is not politically feasible. Why? Because it's only in the general interest and in no one's special interest.
Milton FriedmanI believe the role that people like myself have played in the transformation of public opinion has been by persistently presenting a different point of view, a point of view which stresses the importance of private markets, of individual freedom, and the distorting effect of governmental policy.
Milton Friedman